REMOVED: Under agreement
California IT services provider with 120 clients and 2017 gross revenue of approximately $1.35 million (20+% cash flow) from a mix of services and product sales. This Company was purchased in 2016 and had shifted the business model from a project-based model to a managed services model with an increasing percentage of income coming from 12-month auto-renewing service contracts. The Company targets small to mid-sized businesses with a focus on medical services. Asking price is approximately 1x service revenue.